Fastest-growing dividends

The dividend per share compounded over five years, among companies that raised it at least six years running, so the five years never start from a cut or a restart.

The top 50 US-listed companies above $2B, recomputed each night from SEC filings.

Industrials takes 3 of the top ten places. First Citizens BancShares, Inc. leads at 37% a year, and the middle of the list sits at 17% a year (Watts Water Technologies, Inc.).

The study: Where the cash went: capex, dividends and buybacks across 1,173 companies.

1. #1Financial ServicesFCNCAFirst Citizens BancShares, Inc.37% a yearraised 9 years in a row
2. #2IndustrialsFIXComfort Systems USA36% a yearraised every year since 2014
3. #3Financial ServicesSFStifel Financial Corp.33% a yearraised every year since 2017

4. 4DKSDICK'S Sporting Goods, Inc.Consumer Cyclicalraised every year since 201532% a year
5. 5ODFLOld DominionIndustrialsraised 6 years in a row30% a year
6. 6NXSTNexstar Media Group, Inc.Communication Servicesraised every year since 201427% a year
7. 7MPWRMonolithic Power SystemsTechnologyraised every year since 201726% a year
8. 8TSCOTractor SupplyConsumer Cyclicalraised every year since 201425% a year
9. 9NYTThe New York Times CompanyCommunication Servicesraised 7 years in a row25% a year
10. 10OCOwens CorningIndustrialsraised every year since 201424% a year
11. 11APHAmphenolTechnologyraised every year since 201423% a year
12. 12GSGoldman SachsFinancial Servicesraised every year since 201423% a year
13. 13UFPIUFP Industries, Inc.Basic Materialsraised every year since 201923% a year
14. 14MSMorgan StanleyFinancial Servicesraised every year since 201422% a year
15. 15RLIRLI Corp.Financial Servicesraised 7 years in a row22% a year
16. 16PRIPrimerica, Inc.Financial Servicesraised every year since 201421% a year
17. 17SUISun Communities, Inc.Real Estateraised every year since 201821% a year
18. 18MCHPMicrochip TechnologyTechnologyraised every year since 201520% a year
19. 19MSCIMSCI Inc.Financial Servicesraised every year since 201420% a year
20. 20ZTSZoetisHealthcareraised every year since 201419% a year
21. 21WSMWilliams-Sonoma, Inc.Consumer Cyclicalraised every year since 201519% a year
22. 22DHID. R. HortonConsumer Cyclicalraised every year since 201418% a year
23. 23MASMascoIndustrialsraised every year since 201418% a year
24. 24DPZDomino'sConsumer Cyclicalraised every year since 201417% a year
25. 25EWBCEast West Bancorp, Inc.Financial Servicesraised 8 years in a row17% a year
26. 26WTSWatts Water Technologies, Inc.Industrialsraised every year since 201417% a year
27. 27POOLPool CorporationConsumer Cyclicalraised every year since 201417% a year
28. 28LOWLowe'sConsumer Cyclicalraised every year since 201516% a year
29. 29FBKFB Financial CorporationFinancial Servicesraised 7 years in a row16% a year
30. 30AFLAflacFinancial Servicesraised every year since 201916% a year
31. 31ITTITT Inc.Industrialsraised every year since 201416% a year
32. 32NDSNNordson CorporationIndustrialsraised every year since 201416% a year
33. 33ROLRollins, Inc.Industrialsraised 6 years in a row15% a year
34. 34CSLCarlisle Companies IncorporatedIndustrialsraised every year since 201415% a year
35. 35AMATApplied MaterialsTechnologyraised every year since 201815% a year
36. 36KLACKLA CorporationTechnologyraised 9 years in a row15% a year
37. 37LLYLilly (Eli)Healthcareraised every year since 201615% a year
38. 38RJFRaymond James FinancialFinancial Servicesraised every year since 201415% a year
39. 39KRKrogerConsumer Defensiveraised every year since 201515% a year
40. 40LRCXLam ResearchTechnologyraised 7 years in a row15% a year
41. 41STLDSteel Dynamics, Inc.Basic Materialsraised every year since 201415% a year
42. 42BAHBooz Allen Hamilton Holding CorporationIndustrialsraised every year since 201815% a year
43. 43REXRRexford Industrial Realty, Inc.Real Estateraised every year since 201715% a year
44. 44SNASnap-onIndustrialsraised every year since 201415% a year
45. 45WLKWestlake CorporationBasic Materialsraised every year since 201415% a year
46. 46VVisa Inc.Financial Servicesraised 6 years in a row14% a year
47. 47INTUIntuitTechnologyraised every year since 201514% a year
48. 48SSNCSS&C Technologies Holdings, Inc.Technologyraised 9 years in a row14% a year
49. 49TMOThermo Fisher ScientificHealthcareraised 8 years in a row14% a year
50. 50PWRQuanta ServicesIndustrialsraised every year since 201914% a year